6 Best Business Plan Software

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Business plans can be tedious to write by hand, but business plan software helps take the tedium out of it. You should consider using a business planning tool for your next idea if you want accurate estimations and better understanding. Here are six of the best available tools that will make creating a plan easy and fun!

The “enloop” is a software that helps users create business plans. It has been rated as the best business plan software by many sources.

6 Best Business Plan Software

Business plan software gives you the tools to create financial projection tables, charts, and other documents you need to plan your business. Software is often better than using a free template because it gives you step-by-step directions and educational materials to help you complete a clear business plan. We review the best business plan software below so you can determine which software is right for your business.

The following are the top six business plan software options for 2020:

LivePlan is the best all-around business planning software for small and medium-sized companies.
BizPlan: For IT businesses in need of an investor-friendly business plan.
Enloop is ideal for entrepreneurs that are short on time and need advice on what to include in their business plans.
GoSmallBiz.com is the best option for a new small company that also requires marketing and management tools.
Business Sorter: This tool is best for visual thinkers who wish to attempt a new way to planning.
PlanGuru is ideal for companies that need to develop detailed financial forecasts.

What We Looked For When We Were Evaluating Business Plan Software

LivePlan is the best small business planning software available.

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LivePlan is the best small business planning software available.

Go to LivePlan.com.

Pricing for LivePlan

$20 per month on a pay-as-you-go basis
Plan for six months: $108 per six months
$180 per month for a 12-month plan

Features of LivePlan

One-page business plan: If you want to make a short strategy, LivePlan has a fill-in-the-blank template that you can use to get your thoughts down.
LivePlan’s educational resources take users through the business planning process step by step with video lectures and examples.
Financial data: LivePlan populates easy-to-read financial charts and graphs as you answer financial questions.
Customer care is accessible via phone, email, and online chat Monday through Friday from 8 a.m. to 5 p.m. Pacific time.

Why Do We Enjoy LivePlan?

Best Business Plan Software for Tech Startups is Bizplan.

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Best Business Plan Software for Tech Startups is Bizplan.

Bizplan is a great place to start.

Pricing for Bizplan

MONTHLY CHARGE: $29
$20.75 per month ($249 per year) on an annual basis
One-time fee of $349 for lifetime access

Features of Bizplan

User interface with drag-and-drop functionality: Make a business strategy that includes the items required for your industry.
Online fundraising platform: Access to Fundable.com, an online fundraising platform that links you to possible investors, is included with the business plan software.
Bizplan is the only firm that offers lifelong access for a one-time payment of $349.
Receive access to over 650 videos and 1,000 how-to guides for developing a successful high-growth firm, in addition to the biz plan software.
Customer care is available via phone, chat, and email from 9 a.m. to 9 p.m. Eastern time Monday through Friday.

Why Do We Enjoy Bizplan?

Enloop: The Fastest Way to Finish a Business Plan

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Enloop: The Fastest Way to Finish a Business Plan

Enloop is a great place to start.

Pricing with Enloop

Free trial for seven days (no credit card required)
Plan details: $19.95 per month or $11 per month if paid annually
Performance plan: $39.95 per month or $24 per month if you pay annually.

Features of Enloop

Text that is automatically updated from financial data: The plan comes with basic business plan content that you may edit, and any financial text is automatically updated from the financial data.
Financial ratios: Enloop does an excellent job of describing 16 key financial measures that show your company’s financial health.
Enloop determines a completion score from 0-100 as you complete your business plan and upload your financial information, which acts as incentive to finish the plan.
Enloop’s customer assistance is confined to messaging and a knowledge base.

Why Do We Enjoy Enloop?

Additional Small Business Tools at GoSmallBiz.com

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Additional Small Business Tools at GoSmallBiz.com

Go to GoSmallBiz.com for more information.

Pricing at GoSmallBiz.com

$39 per month for a suite of business items

Features of GoSmallBiz.com

Business plan: Save time by selecting a business plan template tailored to your sector and then completing it using a step-by-step wizard.
Educational materials: As you work on your business plan, you’ll come across video lessons that will educate you about the various aspects.
Unlimited business consultations: Submit your particular business questions to experienced business advisors and get a response in two days.
Other resources: In addition to the business plan, GoSmallBiz.com’s software may be used to design a website, handle basic bookkeeping, write corporate minutes, and create legal papers.
Customer assistance may be reached via phone. From 9 a.m. to 7 p.m. Eastern time, Monday through Friday.

Why Do We Enjoy Working With GoSmallBiz.com?

Business Sorter: Visual Learners’ Best Business Plan

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Business Sorter: Visual Learners’ Best Business Plan

Go to Business Sorter to learn more.

Pricing for Business Sorters

$10 per month or $80 per year for a small team (three users)
$30 per month or $240 per year for a medium team (10 users)
$80 per month or $640 per year for a large team (30 users)
Customer: Business (unlimited users)

Features of a Business Sorter

When you initially start the business plan, you’ll be provided with 273 digital cards to sift through and prioritize what’s most important in your strategy.
Team-oriented: Distribute elements of the business plan through email to particular workers.
Multiple plans: At no extra charge, you can create up to 40 plans for your company or other businesses you own.
Guidance: Business Sorter will walk you through each step of the process so you can finish the basics of your business plan in under two hours.
Customer service: There is no phone assistance, but there is email support, a FAQ section, and a full business plan guide.

Why Do We Enjoy Using Business Sorter?

PlanGuru is the best tool for detailed financial forecasting.

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PlanGuru is the best tool for detailed financial forecasting.

Go to PlanGuru.com.

Pricing at PlanGuru

The cost is $99 per month.
$299 per year on an annual basis
Launch of PlanGuru: $250 per hour

PlanGuru’s Advantages

Integrate the income statement, balance sheet, and cash flow statement into one complete financial model for detailed financial analysis.
PlanGuru Launch: Hire PlanGuru to create a financial strategy for your company, then learn how to monitor and manage it from its specialists.
PlanGuru Analyst: For a monthly subscription, PlanGuru creates your financial plan, monitors it, and provides you updates.
PlanGuru University is a seven-hour online course that teaches you how to comprehend and monitor your company’s finances.
Customer support: Customers may use a ticket submission service.

Why Do We Enjoy PlanGuru?

Conclusion

The following are the top six business plan software options for 2020:

LivePlan is the best all-around business planning software for small and medium-sized companies.
BizPlan: For IT businesses in need of an investor-friendly business plan.
Enloop is ideal for entrepreneurs that are short on time and need advice on what to include in their business plans.
GoSmallBiz.com is the best option for a new small company that also requires marketing and management tools.
Business Sorter: This tool is best for visual thinkers who wish to attempt a new way to planning.
PlanGuru is ideal for companies that need to develop detailed financial forecasts.

What We Looked For When We Were Evaluating Business Plan Software